Markets experienced lower trading volume due to the bank holiday in the US *Crude oil and gold dropped
- The Stoxx Europe 600 Index remained higher as investors monitored optimistic about the upcoming Fed meeting, it recorded a gain of 0.14%.
- The MSCI Emerging Market Index traded mostly positive but the volume was thin due to the bank holiday over in the US. It recorded gain of 0.13%.
- The Dollar Spot Index continued its downward trend ahead of the US NFP data. The index dropped nearly 0.12%
- The Euro moved higher but still below the level of 1.13. The currency soared nearly 0.04% in thin volume.
- The British pound is likely to see some serious move next week and bulls pushed the currency higher by 0.08% to $1.258.
- The Japanese yen dropped 0.07% to 106.85 per dollar.
- Germany’s 10-year yield dropped by one basis point to -0.30%.
- Britain’s 10-year yield declined one basis point to 0.842%.
- West Texas Intermediate crude dropped due to slower demand and feeble economic data. It dropped 0.84% to $56.86 a barrel.
- Gold price was out of luck today, it dropped 0.22% to 1417.
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